413 S Main Street, Lapel, IN 46015
- $199,900
Description
Investor opportunity in the heart of Lapel! This well-maintained duplex at 413-415 S Main Street offers a strong rental history and excellent income-producing potential. Whether you’re looking to expand your investment portfolio or take advantage of owner-occupancy by living in one unit while renting the other, this property provides flexibility and long-term value. Each unit features 1 bedroom, 1 full bathroom, and a detached 1-car garage, providing comfortable living space and added convenience for tenants or owner-occupants. Utilities are separately metered, making management simple and efficient while allowing tenants to pay their own utility expenses. Ideally located near local amenities, parks, schools, and major commuter routes, this property benefits from established rental demand and multiple ownership opportunities. Don’t miss your chance to own a versatile income-producing property with proven rental history and long-term potential.
Address
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Address: 413 S Main Street
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City: Lapel
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State/county: IN
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Zip/Postal Code: 46015
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Area: No Subdivision
Details
Updated on July 28, 2026 at 9:20 pm-
Property ID 22109439
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Price $199,900
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Land Area 0.2 Acres
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Garages 2
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Garage Size x x
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Year Built 1951
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Property Type Duplex, Residential Income
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Property Status Closed
Additional details
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County Madison
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Property Type Residential Income
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Elementary School Lapel Elementary School
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Middle School Lapel Middle School
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High School Lapel Sr High School
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Architectural Style Bungalow
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